Polyol prices in the USA persisted in their decline throughout the initial half of May xxxx. It recorded a xx decline amid stable demand and improved availability of supplies in the market. The demand for Polyol was moderately low from the downstream Polyurethane industries. Simultaneously, the market experienced ample availability of Polyol stocks, caused by the firm operating rates at manufacturing facilities and moderate offtakes from the buyers.
The Polyol production rates were firm at manufacturing units, and cost support fell amid the ample availability of feedstock Propylene Oxide supplies, bolstered by greater access to upstream Propylene and Propane stocks in the market, resulting from reduced consumption for heating purposes. In April xxxx, the US Manufacturing Purchasing Managers&#xx; Index fell from March, ending a three-month streak of improving conditions as the manufacturing new orders declined for the first time in four months. The Producer Price Index (PPI)...
